CIT Bank Paying 1.200% APY on 24-Month CDs

CIT Bank, is offering 1.200% APY on 24-month term achiever CDs for a minimum deposit of $25,000.

The interest rate of 1.190% will be compounded on a daily basis. You can increase the term of the CD anytime and even add more to the initial deposit during the term to increase your earnings. The CD will be automatically renewed upon maturity and there is no mandatory minimum balance requirement.